Americas Wholesale Banking Growth and M&A Advisory

Global Banking and Markets Global Banking and Markets (GBM) provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. GBM is a full service wholesale bank in the Americas, with operations in 21 countries, serving clients across Canada, the United States, Latin America, Europe and Asia-Pacific. Business Overview Financial Results Asia Canada 5% Europe Global Equities Business 49% Banking $MM 7% 54% Geographic Revenue¹ 21% Revenue By Business Line¹ Reported $1.3B $1.3B 34% US 30% FICC Q2/21 Y/Y Q/Q Net Income² $517 (1%) (5%) Pre-Tax, Pre Provision Profit $624 (26%) (14%) Revenue $1,257 (14%) (6%) Expenses $633 3% 3% Adjusted Net Income ²,³ ($MM) and ROE³ (%) 2,3 PCLs ($43) nmf nmf 17.5% 17.4% 17.3% Productivity Ratio 50.3% 810 bps 430 bps 15.4% 14.6% PCL Ratio4 (18 bps) (72 bps) (26 bps) PCL Ratio Impaired Loans4 5 bps (4 bps) (1 bp) 523 600 543 517 460 Q2/20 Q3/20 Q4/20 Q1/21 Q2/21 Medium-Term Financial Objectives Net Income Growth Target5 ~5% Productivity Ratio Operating Leverage ~50% Positive 1 TEB Revenue for the 3 months ended April 30, 2021. Note GBM Latam revenue contribution is reported in International Banking results; 2 Attributable to equity holders of the Bank; 3 Adjusted for impact of additional pessimistic scenario; 4 Provision for credit losses on certain assets - loans, acceptances and off-balance sheet exposures; 53-5 year target from 2020 Investor Day 37 37

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